Lovely and Remodeled 3/2 Home
Rent this Lovely Home at 356 Cavalier Road, Palm Springs for Only $1,500 Per Month
Served by quality public schools, near shopping and highways
Features Include:
Updated Kitchen
All Appliances, Including Washer/Dryer
Ceramic Tile Throughout
Screened Patio with Ceiling Fans
Large Closest with Built Ins
Updated Bathrooms
Lawn Care Included in Rent
Updated 3/2 with Water View and Covered Patio for Entertaining
- Formal Living Room and Family Room
-Dinning Room with Inlaid Decortive Ceramic Tile
-2 Car Attached Garage
-Ceramic Tile Flooring Throughout
-New Cherry Kitchen with Tiled Backsplash and Energy Efficient Appliances
-Large Master Suite with Updated En Suite Bath
-New Oversized Ceiling Fans in Bedrooms and Main Living Areas
-Washer/Dryer in home
-Utility Room with Plenty of Storage
-Fresh Paint Throughout
-Large Lushly Landscaped Yard with Shade Trees and Covered Patio for Entertaining
-Monthly Rent Includes Lawn Care
For More Information Contact:
Lashea at (561) 832-6776, ext. 103 lbrooks@neighborhoodrenaissance.org
Spacious 3/2 with Garage in Desirable Club Road Estates
-Vaulted Ceilings
-2 Car Attached Garage
-Ceramic Tile Throughout
-Spacious Kitchen with New Energy Efficient Appliances
-Master Suite with En Suite Bath and Walk-in-Closet
-Ceiling Fans with Lights in Every Room
-Washer/Dryer in Home
-Fenced Yard and Patio for Entertaining
-Fresh Paint Inside and Out
-Central location near Turnpike and I-95, but Set Back for Peace and Quiet
-Monthly rent includes lawn care
For More Information Contact:
Lashea at (561) 832-6776, ext. 103 lbrooks@neighborhoodreniassance.org
Neighborhood Renaissance Community Land Trust Closes First Lease-Purchase Program Home Sale
West Palm Beach, FL – Neighborhood Renaissance closed on the sale of its first Lease-Purchase home through its Community Land Trust (CLT) toJanita Finleyon April 3, 2012. The program allowed Ms. Finley to rent her three bedroom single-family home for the past three years while she saved funds for a down payment. PNC Bank made the construction loan to build the house located in the Northwood Neighborhood of West Palm Beach at a time when property values were higher. Because of their commitment to preserving neighborhoods and helping first-time homebuyers they allowed Neighborhood Renaissance to sell the home to Ms. Finley for less than their loan amount. United Way also matched each dollar saved by Ms. Finley with two dollars through their Individual Development Account Program that helps first-time homebuyers like Janita to accumulate savings.
During Janita’s house hunt it became apparent to her that she needed to save more money before she could purchase a quality home for herself and her daughter that did not need costly repairs; however, with earnings as a radiology file clerk, Ms. Finley found it impossible to save for a down payment while paying the high cost of rent. Neighborhood Renaissance developed a Lease-Purchase program for potential homeowners like Janita, who need additional time to accumulate savings and/or address minor credit issues, and who need a reasonably priced rental home that they can ultimately purchase. As a participant in the Lease – Purchase program, Janita received help with budgeting and developed a savings plan, plus she became accustomed to the responsibilities of homeownership like maintaining her yard, which she continues to be very proud of. In the words of Janita, “I am so happy this day finally came and it was worth the wait.”
Neighborhood Renaissance’s C LT provides an alternative to renting and places homeownership within the financial reach of more working people. This is accomplished by removing the cost of land from the purchase price, therefore only selling the house to the buyer. This program benefits the community as well because it preserves quality homes and the public investments used to create them for future generations of first-time homebuyers.
Two CLT single-family homes located in Northwood are available now for Lease-Purchase and an additional 11 three and four bedroom homes will be available in the next three months for future homeowners like Janita. Neighborhood Renaissance is now taking applications. To apply, please contact Lashea Brooks or Christina Hewitt at (561) 832-6776.
Ribbon Cutting Recognizes Wells Fargo Grant on Wednesday, April 11, 2012 Neighborhood Renaissance Event Celebrates National Community Development Week (April 8-14) and the Completion of the First of 74 Foreclosed Properties Reclaimed by “Leading the Way Home Initiative”
West Palm Beach– April 11, 2012. Neighborhood Renaissance celebrated the transformation of the first of 74 reclaimed foreclosed properties into homes that will be within the financial reach of low and moderate-income persons with a Ribbon Cutting. Neighborhood Renaissance was also presented with a $100,000 grant from the Wells Fargo Foundation’s “Leading the Way Home Priority Markets Initiative,” a nationwide effort to rebuild neighborhoods impacted by foreclosures. The organization was invited by local Wells Fargo teams to compete among applicants nationally. This donation is leveraged with an $11.5 million grant fromPalm BeachCounty’s Neighborhood Stabilization Program 2. Upon renovation, the houses will be leased or purchased by low and moderate-income residents ofPalm BeachCounty. Community Development week showcases similar initiatives accomplished by nonprofit agencies and their partners nationally. As a result of Neighborhood Renaissance’s local efforts, the Mathis family will move into their home later this month.
The participants in the Ribbon Cutting included:
Oliver Ariztoy, Wells Fargo Community Bank President for GreaterPalm Beach
Leslie Lily, President and CEO of the Community Foundation forPalm BeachandMartinCounties
Armando Fana, Director of HUD’s Miami Field Office
Edward Lowery, Director of Palm Beach County Department of Economic Sustainability
James Walker, Loan Officer for SouthFlorida,FloridaCommunity Loan Fund
The Mathis family, future residents of the home, represented by Natashia Mathis
The Mathises, long-termPalm BeachCountyresidents, currently reside in a 2 bedroom apartment complex that they have outgrown. With a one year old son and energetic young daughter the family needed a 3 bedroom home with a safe yard for their children to play. They found Neighborhood Renaissance’s program during their search for a larger house nearer their employment. Now that they have found a home that meets their needs, the family will work toward their goal of purchasing their home with the help of Neighborhood Renaissance.
Neighborhood Renaissance is a nonprofit organization dedicated to breathing new life intoPalm BeachCountyneighborhoods by reclaiming distressed properties and making homes that are within the financial reach of low and moderate-income families. The agency recently built 13 energy-efficient single-family homes in the Westgate neighborhood for first-time homebuyers, acquired and renovated 3 foreclosed properties that are being leased by working families, helped over 65 families to purchase their first home, and constructed 33 single-family homes in Northwood.
All 74 homes acquired through this initiative will be renovated by December of this year and are available for lease or purchase. The next 12 houses will be completed in 3 months and Neighborhood Renaissance is currently taking applications for future residents. To apply for one of these homes, please contactLasheaBrooksor Christina Hewitt at (561) 832-6776.
Contact: Terri Murray, Executive Director
(561) 832-6776, extension 102 tmurray@neighborhoodrenaissance.org
510-24th Street, WestPalm Beach,FL33407
